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According to the public record, 14, Falcon Way is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 619 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 14, Falcon Way is £413,429 and the estimated rental value is £2,230 per month.
Falcon Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
14, Falcon Way has 31 entries in the Land Registry , most recently in March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 14, Falcon Way is in very good condition we estimate a sale value of £434,100 and a rental value of £2,341 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £384,489 and a rental value of £2,073 per month.
Over the last 12 months the sale value of 14 Falcon Way has decreased by an estimated £11,297 (2.7%) and its rental value has increased by an estimated £124 per month (5.5%), giving an expected gross yield of 6.5%.
According to HM Land Registry, 14, Falcon Way was last sold on 27th March 2007 for £249,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2007, the market for similar properties has risen 24.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Falcon Way within a radius of 420 metres over the last 2 years.
The most recent example is 7, Falcon Way, London, E14 9UP, a leasehold flat which sold for £495,000 on the 20th October 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falcon Way, London, E14 has a total of 62 addresses. According to our analysis of all the public data, 14, Falcon Way is the 31st largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in E14.
The nearest school is Canary Wharf College Crossharbour which is 298 metres away. The nearest train station is Mudchute which is 200 metres away.
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